Monthly Archive: October 2018

Recently, Brazil’s state energy company, Petrobras, was investigated by the Department of Justice (DOJ) and the Securities Exchange Commision (SEC) for FCPA violations related to political bribes in Brazil. According to the SEC’s Steven Peikin, Petrobras fraudulently facilitated money through… Read more >

A report conducted by the Wall Street Journal (WSJ) has revealed that $88.6 million worth of illicit funds have been channeled through 46 various cryptocurrency exchanges with $9 million alone being funneled through the Switzerland-based exchange, ShapeShift. According to WSJ,… Read more >

Former Pakistan government official, Farhan Junejo, who was arrested by the National Crime Agency (NCA) after the Federal Investigation Agency (FIA) alleged that he had laundered approximately Rs 180 to 250 million, has been released after the FIA failed to… Read more >

New Zealand introduced new amendments to its Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Amendment Act 2017 (Phase 2) in an effort to prevent money laundering, terrorist financing and increase the difficulty for criminals to profit from illicit activities. … Read more >

In the past few years, Ireland’s technology and financial sectors have soared, with the country’s economy and job markets growing as well. However, with the increase in activity also comes an increase in the risk for money laundering. In 2017,… Read more >